Urban Company IPO
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Schedule of Urban Company
| Issue open date | 10 Sep 2025 |
| Issue close date | 12 Sep 2025 |
| UPI mandate deadline | 12 Sep 2025 (5 PM) |
| Allotment finalization | 15 Sep 2025 |
| Refund initiation | 16 Sep 2025 |
| Share credit | 16 Sep 2025 |
| Listing date | 17 Sep 2025 |
| Mandate end date | 27 Sep 2025 |
| Lock-in end date for anchor investors (50%) | 15 Oct 2025 |
| Lock-in end date for anchor investors (remaining) | 14 Dec 2025 |
Note: The schedule is tentative. The anchor lock-in period ends 30 days after the actual allotment date for 50% of the shares and 90 days after for the remaining portion. The allotment status can be checked on the registrar's website and the exchange website.
About Urban Company
Urban Company is a technology-driven marketplace offering a wide array of home and beauty services through a network of trained professionals across 59 cities in India, the UAE, Singapore, and Saudi Arabia. The platform enables consumers to access services such as cleaning, repair, and personal care, along with assisting service professionals with training and resources. Recognised as the leading platform in India by the Redseer Report, Urban Company addresses the challenges of a fragmented market, ensuring quality and accessibility in the rapidly growing home services sector projected to reach US$97.4 billion by 2029.
Financials of Urban Company
Issue size
| Funds Raised in the IPO | Amount |
| Overall | ₹1900 crores |
| Fresh Issue | ₹472 crores |
| Offer for sale | ₹1428 crores |
Utilisation of proceeds
| Purpose | INR crores (%) |
| Technology development and cloud infrastructure | 190(44.2%) |
| Lease payments | 75 (15.88%) |
| Marketing activities | 90 (19.06%) |
| General corporate purposes | 117.1 (24.81%) |
Strengths
- The consumer-first approach has built strong market trust.
- Transparent pricing improves user confidence and clarity.
- Wide service range with quality-vetted professionals.
- User-friendly apps drive a seamless customer experience.
- A scalable model enables fast national and global growth.
Risks
- Fair labour practices and worker welfare remain ongoing concerns.
- Dependence on gig workers affects consistency and margins.
- Data breaches pose serious cybersecurity and privacy risks.
- Negative publicity can erode customer trust and brand value.
- Changing gig economy laws may hinder operational flexibility.
Allotment Status for Urban Company
To check your allotment status – click here.
Media coverage
- Inc 42: Urban Company Lines Up For IPO Race
- Angel One: Urban Company IPO Gets Shareholder Nod To Raise ₹528 Crore
- Urban Company: Urban Company’S Annual Business Summary FY23
- Entrackr: Urban company claims Rs 827 Cr revenue in FY24; 70% cut in losses
Subscription Figures for Urban Company
As per media reports (Link), the Grey Market Premium (GMP) of Urban Company is reported at ₹36.5 over the IPO price. This metric is not reliable, and to track IPO interest, it is better to check subscription numbers published by exchanges, which are considered more reliable indicators.
Subscription numbers as of 5:00 PM on September 12, 2025:
| Category | Reserved (lakhs) | Applied (lakhs) | Subscription (X times) |
|---|---|---|---|
| Institutional | 552.66 | 81438.50 | 147.35x |
| NII | 276.33 | 21503.64 | 77.82x |
| Retail | 184.22 | 7643.21 | 41.49x |
| Employees | 2.42 | 103.27 | 42.55x |
| Total | 1015.65 | 110688.64 | 108.98x |